Wawenock Country Club
Wawenock Country Club maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 10369722 · Damariscotta, ME · NTEE: N51Z · Updated: 2026-03-28
Is Wawenock Country Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wawenock Country Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wawenock Country Club
Wawenock Country Club (EIN: 10369722) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code N51Z. The organization reported total revenue of $611K and total assets of $858K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wawenock Country Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wawenock Country Club with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Wawenock Country Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that leadership is either entirely volunteer-based or compensated in ways not classified as officer compensation, which is a positive indicator for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wawenock Country Club's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
- Small deficit in the most recent 2023 filing ($452,388 expenses vs. $433,272 revenue).
Strengths
The following positive indicators were identified for Wawenock Country Club:
- Consistent financial reporting and filing history (13 filings).
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Healthy asset growth from $507,506 in 2014 to $755,916 in 2023.
- Generally stable financial position with revenues often exceeding expenses.
- Low and well-managed liabilities, significantly reduced in the latest filing.
Frequently Asked Questions about Wawenock Country Club
Is Wawenock Country Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Wawenock Country Club (EIN: 10369722) some concerns. Mission Score: 70/100. 2 red flags identified, 5 strengths noted.
How does Wawenock Country Club spend its money?
Wawenock Country Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wawenock Country Club tax-deductible?
Wawenock Country Club is registered as a tax-exempt nonprofit (EIN: 10369722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the primary sources of revenue for Wawenock Country Club?
Based on the nature of a country club (NTEE N51Z), primary revenue sources are likely membership dues, green fees, event hosting, and potentially food and beverage sales, though specific breakdowns are not provided in the summary data.
How does Wawenock Country Club manage its liabilities?
Liabilities have generally been low and well-managed, fluctuating but showing a significant decrease from $91,498 in 2022 to $15,946 in 2023, indicating effective debt management.
Is the organization growing financially?
Yes, the organization's assets have grown from $507,506 in 2014 to $755,916 in 2023, and revenue has generally increased over the decade, indicating financial growth and stability.
Filing History
IRS 990 filing history for Wawenock Country Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wawenock Country Club's revenue has grown by 75.8%, moving from $246K to $433K. Total assets increased by 53.2% over the same period, from $493K to $756K. Total functional expenses rose by 54.1%, from $294K to $452K. In its most recent filing year (2023), Wawenock Country Club reported a deficit of $19K, with expenses exceeding revenue. The organization holds $16K in liabilities against $756K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $740K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $433K | $452K | $756K | $16K | — | — |
| 2022 | $446K | $414K | $851K | $91K | — | View 990 |
| 2021 | $443K | $403K | $736K | $9K | — | View 990 |
| 2020 | $634K | $381K | $703K | $15K | — | — |
| 2019 | $367K | $330K | $455K | $21K | — | View 990 |
| 2018 | $362K | $326K | $448K | $51K | — | View 990 |
| 2017 | $337K | $376K | $400K | $38K | — | — |
| 2016 | $325K | $361K | $451K | $50K | — | View 990 |
| 2015 | $338K | $345K | $495K | $58K | — | View 990 |
| 2014 | $301K | $291K | $508K | $64K | — | View 990 |
| 2013 | $261K | $280K | $461K | $27K | — | View 990 |
| 2012 | $262K | $292K | $484K | $31K | — | View 990 |
| 2011 | $246K | $294K | $493K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $433K, expenses of $452K, and assets of $756K (revenue -2.9% year-over-year).
- 2022: Revenue of $446K, expenses of $414K, and assets of $851K (revenue +0.7% year-over-year).
- 2021: Revenue of $443K, expenses of $403K, and assets of $736K (revenue -30.2% year-over-year).
- 2020: Revenue of $634K, expenses of $381K, and assets of $703K (revenue +73.1% year-over-year).
- 2019: Revenue of $367K, expenses of $330K, and assets of $455K (revenue +1.2% year-over-year).
- 2018: Revenue of $362K, expenses of $326K, and assets of $448K (revenue +7.4% year-over-year).
- 2017: Revenue of $337K, expenses of $376K, and assets of $400K (revenue +3.8% year-over-year).
- 2016: Revenue of $325K, expenses of $361K, and assets of $451K (revenue -4.1% year-over-year).
- 2015: Revenue of $338K, expenses of $345K, and assets of $495K (revenue +12.3% year-over-year).
- 2014: Revenue of $301K, expenses of $291K, and assets of $508K (revenue +15.4% year-over-year).
- 2013: Revenue of $261K, expenses of $280K, and assets of $461K (revenue -0.5% year-over-year).
- 2012: Revenue of $262K, expenses of $292K, and assets of $484K (revenue +6.5% year-over-year).
- 2011: Revenue of $246K, expenses of $294K, and assets of $493K.
Data Sources and Methodology
This transparency report for Wawenock Country Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.